Preserved Grandchildren’s Inheritance Through Strategic Trust Planning

The McCoy Law Firm, LLC successfully helped a client protect his estate for his grandchildren instead of being lost to a new son-in-law. Client's Daughter had cancer and Client was concerned that Daughter's third husband would end up with the Client's assets instead of his two beloved grandchildren fathered by Daughter's first husband. The McCoy Law Firm, LLC created a trust for Client that included an inheritance trust for Daughter. Daughter's inheritance trust specified that the assets could be used for anything that Daughter needed and that at the time of her death, any remaining assets would be shared equally by her children. Client died, triggering Daughter's inheritance trust. Daughter died just a few weeks after Client. Daughter's third husband called the office to find out when he was going to get "his" inheritance. It was with great pleasure that the McCoy Law Firm, LLC was able to explain that all of Client's assets went to his grandchildren and not to Daughter's third husband.